In today’s briefing:
- Singapore’s Inaugural Green Bond: Big Deal, Big Impact
- K-Pop Industry Finally Starts to Pay Attention to ESG
Singapore’s Inaugural Green Bond: Big Deal, Big Impact
- Singapore recently announced the pricing of its inaugural sovereign green bond issue marking Singapore’s momentous entrée into the growing global sovereign green bond market.
- Big deal, and big impact. Singapore’s S$2.4 billion 50-year green bond ranks among the largest inaugural sovereign issuances and the proceeds are funding impactful “green projects.”
- Proceeds will fund two Clean Transportation projects (electric rail mass transit) and contribute to an 80% reduction in land transportation-related greenhouse gas emissions by 2050.
K-Pop Industry Finally Starts to Pay Attention to ESG
- JYP Entertainment (035900), one of the major entertainment companies in Korea, just released its very first ESG report in the industry
- As climate change issues grow among fandom, likely to see growing risk for environmental issues. For social issues, anti-competitive practices and consumer issues became material
- ‘Business Ethics’ issues at YG Entertainment (122870) has pulled down its stock price in 2019, causing its main artist to disband
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
